Proposed steps to reduce smoking in Hong Kong could slash tax revenue by billions of dollars without significantly cutting down on tobacco use due to smokers shifting to illicit cigarettes ...

Legislator Edward Leung argues tax earnings could be lost as smokers shift to illicit cigarettes, with no major reduction in smoking rate P roposed steps to reduce smoking in Hong Kong could slash ...

Hong Kong advocates for higher tobacco taxes and other stringent tobacco control measures have often faced challenges from opponents who ask: ‘If tobacco is so harmful, why don't you seek to totally ...

This is comparable to the ratio of direct and IC in the USA,23 slightly higher than in Hong Kong7 (40%), but ... than the contribution of the tobacco industry to the annual budget (15 000–17 000 ...

A label scheme to identify legitimate tobacco products in Hong Kong will be fully implemented by June 2027, authorities have revealed. Responding to an inquiry by lawmaker Edmund Wong Chun-sek ...

Hong Kong has no tariffs on imported goods, and it levies excise duties on only four commodities, whether imported or produced locally: hard alcohol, tobacco, oil, and methyl alcohol. There are no ...

THE ANNOUNCEMENT OF AN ELABORATE ILLEGAL TOBACCO SELLING, MONEY LAUNDERING AND TAX FRAUD OPERATION. THIS WAS A. COMPLEX, ORGANIZED SCHEME. ATTORNEY GENERAL ROB BONTA ANNOUNCED THE INDICTMENT OF ...

The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China. By Alexandra Stevenson Reporting from Hong Kong ...

Hong Kong’s postal service announced it would halt ... Donald Trump said the U.S. would eliminate the de minimis tax exemption, a law that permitted shipments worth under $800 to enter the ...

Hong Kong’s oldest and largest pro-democracy political party is moving to disband as Beijing’s sweeping crackdown on the city leaves even moderate opposition groups with no room to operate.

GETTY The Trump administration previously announced it would eliminate a customs exemption that allowed small-value parcels from Hong Kong to enter the country tax-free. Starting May 2 ...